Large Bitcoin holders, known as whales, have accumulated about 66,700 BTC over the past 60 days, reaching the highest buying activity since February. Meanwhile, mid-sized holders with wallets holding 100 to 1,000 BTC have sold approximately 77,800 BT…
Base, a Coinbase-incubated Ethereum layer 2 (L2), has announced that it will ditch its initial social push. According to the founder, Jesse Pollak, the social vision was a ‘wrong’ bet, adding that they will focus on other trending segments like trading, payments, and AI agents. In my opinion, we made the right bet on builders,…
The combined market capitalization of major stablecoins fell from roughly $166 billion in March 2022 to $122 billion by September 2023, RWA.xyz data shows — a decline of over 26% as investors pulled money from the digital asset market. Tether’s USDT fell from $78 billion to $65 billion between March and November 2022. For USDC,…
Glassnode has identified Bitcoin’s short-term holder cost basis near $69,000 as the market’s next major recovery test, potentially affecting the outcome for altcoins such as XRP. Reclaiming that level would give the current rebound real room to run, and the firm’s own July 15 report frames it as the point where recent buyers move back…
A Sioux Falls, South Dakota, man is facing decades behind bars after allegedly running a crypto investment scheme that caused tens of millions of dollars in losses for investors. Benjamin Paul Wiener was charged with wire fraud, money laundering, bank fraud, and aggravated identity theft, says the U.S. Attorney’s Office for the District of South…
Astarter, a renowned Web3 infrastructure entity for AI agents, has partnered with Trikon, an AI-based Web3 operating system. The partnership endeavors to enhance the infrastructure backing independent AI agents within the Web3 network. As Astarter disclosed in its official announcement, the development merges its AI-powered Web3 operating system with the decentralized execution and compute capabilities…
Key Takeaways: Ripple’s stance is that without the CLARITY Act, cryptocurrency investors are susceptible to regulatory loopholes and fraud. The proposal would set out the SEC’s and CFTC’s regulatory requirements and would establish oversight prior to digital assets hitting the market. Ripple is declaring that the law isn’t intended to benefit the crypto industry, but…